The US continues to dump its Strategic Petroleum Reserve like there is no tomorrow. The government is now down to 33 days worth of oil supply at its current implied demand. That is one of its lowest levels in history.2yr ⋅ _rihter ⋅ r/PrepperIntel
On Friday, the average 30-year fixed mortgage rate spiked to 4.95%, the highest since November 20182yr ⋅ _rihter ⋅ r/PrepperIntel
We have a big diesel problem. Really big. The chart below is US retail on-highway diesel price since 1994 (weekly). Diesel is the workhorse of the global economy, powering trucking and manufacturing.2yr ⋅ _rihter ⋅ r/PrepperIntel
US 30y mortgage rates hit 5% for the 1st time in more than a decade. Higher loan costs are pushing out buyers in cutthroat market.2yr ⋅ _rihter ⋅ r/PrepperIntel
US Inflation VS Fed funds rate within my lifespan (35Y). A good reminder that this is an unprecedented situation; as far as millennials and zoomers are concerned anyway.2yr ⋅ _rihter ⋅ r/Shortages
Interest on the US national debt climbing at the fastest rate since 19812yr ⋅ _rihter ⋅ r/PrepperIntel
Just to put things into perspective: The last time inflation was 7.3% in Germany – in Nov 1981 – the Bundesbank key interest rate was 11.4%. Today, ECB's main rate remains pegged at 0%.2yr ⋅ _rihter ⋅ r/Shortages
This a chart of freight demand for the US contract truckload market. March 8 was the cliff in freight demand. Its unlike anything we've seen before. Rapid deterioration in national freight demand. Spring is usually one of the best times.2yr ⋅ _rihter ⋅ r/PrepperIntel
ISM new orders completely rolled over today. Just a reminder that declining trends in this indicator have preceded corporate margin contractions since 1995. Another clear sign of where the business cycle is likely headed.2yr ⋅ _rihter ⋅ r/PrepperIntel
